Prime Minister Pham Minh Chinh (R) and Chairman of Adani Group Gautam Adani at their meeting in Hanoi on December 22 (Photo: VNA)The PM stated that Vietnamalways welcomes and is ready to host large Indian groups, including Adani, toinvest in such strategic areas as infrastructure and renewable energy.
Praising Vietnam’s investmentclimate, the Indian entrepreneur introduced Adani's cooperation strategy in theSoutheast Asian country with a total investment of up to 10 billion USD overthe next 10 years in the fields of seaports, logistics, infrastructure, andrenewable energy. A highlight of them is the Lien Chieu port project in the centralcoastal city of Da Nang.
The group wants to invest inVietnam in the sectors of seaports, green energy, power transmission, airports,inland waterways, and other mutually interested areas, he noted.
Saying that these sectors alignwith the country’s development strategy, the Government leader suggested theconglomerate bring advanced, new, and clean technologies as well as modernmanagement to Vietnam.
In the near future, he recommendedthat Adani closely coordinate with Vietnamese ministries, sectors, andlocalities to effectively implement the Lien Chieu port project, and studyinvestment in building the Chu Lai airport and specific renewable energy projects.
The PM affirmed that Vietnam supportsand creates favourable conditions for Indian firms to deploy effective andsustainable investment and business activities in Vietnam, contributing positivelyto the development of the two countries’ comprehensive strategic partnership.
With a market capitalisation of over 200 billion USD, Adani Group owns 14 majorseaports and seven airports in India./.
VNA
